Indeed the value of a degree has plummeted in the last few years as the government pushes more and more people through the system, and more and more institutions award degrees. You can now get a grant such as it is to get a degree from Rochdale College ffs.
Only degrees from major institutions carry weight as far as I can see, I cringe when I see people applying for jobs with degrees from some of the old institutes of adult education and polytechnics, as they often have very poor basic skills, and are incapable of thinking for themselves as you would expect a graduate to.
There should be more vocational training, we need chippies, sparkies, plumbers, plasterers and decorators, they can earn good money providing a service we need. Not more green shield graduates please.
And don't start me on GCSE's and 'A' levels. If anything is wrong with this countrys education system it is how easy it is to get a C in most subjects. You guys who failed one wouldn't now I can assure you